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May 2002
Admitted as a spin-off company from ETRI-government funded research institute.

May 2002
Foundation of RayCan Co., Ltd.

July 2002
Elected to 2002 excellent new technology(IT) project by Ministry of Information & Communications,
Korea : “single mode VCSELs”

July 2002
Contracted with ETRI for the technology development of VCSEL device fabrication & MBE growth

January 2003
Certified VCSEL technology as “Korea World-class Product Award” by Ministry of Commerce,
Industry and Energy.

September 2003
Confirmed as high-technology Venture company by Korea Technology Transfer Center.

June 2004
Started shipping 1550 nm VCSEL device to Japan.

September 2004
Started shipping 1310 nm VCSEL device to Japan

October 2004
Raised the 1st round fund from the government and major Korea venture capitals.

November 2004
Elected to the government R/D project for “2.5 G 1550 nm VCSEL transceiver”

May 2005
Certified of Business Transparency in management by Korea Technology Credit Guarantee Fund.

October 2005
Certified ISO9001 and 14001 for Quality and Environment Management System

October 2007
Certified of INNO-BIZ by Small and Medium Business Administration

September 2008
Certified of High Technology Company by Ministry of Knowledge Economy

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